Market Dynamics: North America Agrochemicals Market

Agrochemicals enhance the crop productivity and protect the crops from insects, pests, fungi, weeds, and others. Agrochemicals can be prepared by either chemical or biological methods. Increase in the agriculture production majorly fruits and vegetables, rise in R&D activities by the companies for the innovation of newer products, technological advancements in the synthesis of agrochemicals, and rise in demand for healthy food products with better yield are expected to fuel the North America agrochemicals market. However, stringent regulations for product approval, ban on various synthetic fungicides by EPA, and adverse effects such residue formation in crops may hamper the growth of North America Agrochemicals market.

Market Scope: North America Agrochemicals Market

North America agrochemicals market is segmented based on product type, technology, crop type, formulation, application, and country

Based on the product type, the market is segmented into the following:

Fertilizers

Pesticides

Herbicides

Insecticides

Fungicides

Others

Based on technology, the market is segmented into the following:

Synthetic

Biological

Based on the crop type, the market is segmented into the following:

Cereals and Grains

Oilseeds and Pulses

Fruits and Vegetables

Forage Crops and Pastures

Others

Based on the formulation, the market is segmented into the following:

Powder

Granular

Liquid

Based on the application, the market is segmented into the following:

Seed Treatment

Soil Treatment

Post-Harvest

Foliar Spray

Based on the country, the market is segmented into the following:

U.S.

Canada

Country Analysis: Agrochemicals Market

North America agrochemicals market is segmented into U.S. and Canada. U.S. agrochemicals market is poised to grow at significant rate due to presence of huge number of companies focusing on the development of newer agrochemicals for various crop diseases, product approvals from EPA, and better availability of the products are expected to fuel the market. Canada agrochemicals market driven by expansion of business by the companies, adoption of newer chemicals, and rise in awareness about the agrochemicals are propel the market.

Competition Assessment: North America Agrochemicals Market

Some of the players in the North America agrochemicals market include:

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